All businesses having GST are required to display GST registration certificate in place of business. 

 

Recently, the Maharashtra State Tax Department issued a trade circular with the procedure for display of GST registration certificate and the penalty for not displaying GST registration certificate. 

 

In this article, RCCO look at the procedure and penalty relevant for display of GST registration certificate.

 

Procedure for Displaying GSTIN

 

Once a taxpayer is registered under GST, the GST registration and GSTIN must be displayed in various places as mentioned below:

 

Place of Business

 

According to the GST Act, taxpayers are required to display the GST registration certificate and number at the principal place of business and all other outlets. 

 

Hence, in an office or shop, the GST registration certificate along with GSTN should be displayed.

 

Business Name Board

 

The GSTN of the business must be mentioned in the name board of the business at the entrance. 

 

According to the CGST Act, “Every registered person shall display his Goods and Services Tax Identification Number on the name board exhibited at the entry of his principal place of business and at every additional place or places of business.”

 

Tax Invoice

 

In all the tax invoice issued by a person registered under GST, GSTN must be mentioned along with business name and address. Further, all tax invoices under GST must be issued as per the invoice format prescribed by the GST Rules.

 

Special Provisions for GST Composition Taxable Person

 

Persons registered under the GST composition scheme, have a different requirement with respect to display of GST registration at a place of business and GSTIN on the invoice.

 

Invoice Issued by Composition Taxable Person

 

Persons registered under the GST composition scheme must issue a Bill of Supply without mentioning IGST or SGST and CGST, as they are not eligible to collect GST from customers. Also, the bill of supply must mention the words “Composition taxable person not eligible to collect tax on supplies” at the top.

 

Place of Business

 

In the place of business of a person registered under the GST composition scheme, the words “Composition Taxable Person” must be displayed on every notice or signboard at a prominent location at the principal place of business and at every additional place or places of business.

 

Business Name Board

 

In the name board at the entrance of the business, composition dealers must mention the words “Composition Taxable Person” along with GSTIN.

 

Penalty for Not Displaying GST Registration Certificate or GSTIN

 

The Maharashtra Government through a trade circular has mentioned the penalty for displaying GST registration certificate or GSTIN. 

 

As per Government Circular, the penalty for not displaying GST registration certificate has been fixed at upto Rs.25000. The penalty for issuing improper GST invoice or false invoice has been fixed at Rs.10000.

-Signing off Roopesh Gangisetty